University Heights Eviction Risk: High , Newark

70% of renter households cross the 30%-of-income line, well above the Essex County average of 50.3%. What pushes it up most is economic stress at 10/10. Against the Essex County average of 7.3, this tract reads riskier for landlords by 2.6 points.

Sitting well above the midpoint, court filing pressure reads 9.7/10. The poverty rate is 40%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest. Set annual rent against average income of $51,324 and the ratio lands at 42%, above the conventional 30% ceiling.

On the high side, rent-regulation exposure reads 9/10. 73% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. At $1,793 a month, rents run 29% over what the rest of Newark commands.

Inability to pay a utility bill runs 23.7% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Adults with no health insurance runs 23.2% against 11.3% nationally. Court records carry 626 eviction filings across 6 observed years.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.